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Alabama exports reached $25.5 billion in 2022, and that’s nearly $3 billion higher than ever before. The previous record was set in 2017, according to Made In Alabama. The 2022 total was 17.5% higher than the $21.7 billion seen that year, 22% higher than the $20.9 billion seen in 2021 and 47% higher than the $17.1 billion seen […]

Automotive parts supplier Rausch & Pausch LP (RAPA) plans to invest over $25 million in its 70,000-square-foot location in Auburn Technology Park West. The German-based company, which celebrated its 10-year anniversary in Auburn last year, plans to purchase the building it operates in, invest in new equipment and create up to 73 additional jobs over

Auburn’s Schmidt Automotive today announced a $7.7 million expansion, bringing new automated equipment to its automotive powertrain operation. The company said the expansion will create another 25 jobs over the next two years at the plant, located on Innovation Drive. A member of the MAT Foundry Group, Schmidt Automotive first came to Auburn in 2015.

Mercedes-Benz is launching a high-power charging network across North America, Europe, China and other key markets, and it will begin in the U.S. and Canada. The aim of the company is to have the full network of more than 10,000 high-power chargers in place before the end of the decade, when Mercedes-Benz intends to go

A new product will soon be added to Auburn’s manufacturing base — battery-buffered fast electric charging stations. ADS-TEC Energy is establishing its first U.S. location in Auburn that will include sales, warehousing and assembly to serve the North American market. ADS-TEC Energy plans to invest $8 million and create approximately 180 jobs over the next two years.

The manufacturer will invest $3.4 million to bring new advanced manufacturing equipment to its new production line. Leaders plan to hire 79 more employees to support the production for new orders. Eissmann Automotive specializes in car interiors, built-to-print trim components, shifter modules, and many other parts for German and domestic automakers such as Mercedes, Audi,

A significant proportion of automotive companies are planning to relocate and reduce production due to high energy costs. This is the result of a DIHK survey. According to a survey, high energy prices are increasingly affecting companies in Germany. The German Chamber of Industry and Commerce (DIHK) spoke of a dramatic situation on Tuesday. According to a DIHK survey, 16

in export volume since at least 2017. We’ve recapped key highlights from the data below, along with the top five export markets from the List. Data was obtained from the U.S. Census Bureau and BBJ records. The billion dollar club Over the last several years, four markets have consistently reported over a billion dollars in export volume

Airbus Americas Chairman & CEO Jeff Knittel received French Ambassador to the U.S., His Excellency Philippe Etienne and German Ambassador to the U.S., Her Excellency Emily Margarethe Haber in Mobile to learn more about U.S. manufacturing at Airbus and the unique partnership between Airbus, local elected officials and the business community. The Ambassadors began their

The extremely high gas and electricity prices mean that medium-sized companies in particular fear for their existence. Is there a threat of deindustrialization? uk beste ssays.org Associations are sounding the alarm, and the Ifo Institute is anticipating increased investments abroad. Panic is spreading in parts of the German economy due to the rapid increase in gas and